Intuit (NASDAQ:INTU) Issues FY 2025 Earnings Guidance

Intuit (NASDAQ:INTU) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 19.160-19.360 for the period, compared to the consensus estimate of 19.150. The company issued revenue guidance of $18.2 billion-$18.3 billion, compared to the consensus revenue estimate of $18.2 billion. Intuit also updated its FY25 guidance to $19.16-19.36 EPS.

Intuit Price Performance

INTU stock opened at $619.85 on Friday. The business’s fifty day moving average price is $639.27 and its 200 day moving average price is $634.43. Intuit has a 12-month low of $473.56 and a 12-month high of $676.62. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $173.28 billion, a PE ratio of 57.18, a P/E/G ratio of 3.14 and a beta of 1.23.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, August 22nd. The software maker reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.14. Intuit had a net margin of 19.43% and a return on equity of 18.61%. The company had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.08 billion. During the same period in the prior year, the firm earned $0.40 earnings per share. The business’s revenue for the quarter was up 17.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Intuit will post 11.72 EPS for the current year.

Intuit Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Thursday, October 10th will be paid a $1.04 dividend. This is an increase from Intuit’s previous quarterly dividend of $0.90. The ex-dividend date is Thursday, October 10th. This represents a $4.16 annualized dividend and a dividend yield of 0.67%. Intuit’s payout ratio is 33.21%.

Analysts Set New Price Targets

Several research analysts recently commented on INTU shares. Jefferies Financial Group boosted their target price on Intuit from $770.00 to $790.00 and gave the stock a buy rating in a research note on Friday. Barclays lowered their price objective on Intuit from $745.00 to $740.00 and set an overweight rating for the company in a research report on Friday. Piper Sandler reaffirmed an overweight rating and issued a $768.00 target price (up previously from $760.00) on shares of Intuit in a report on Friday. BMO Capital Markets boosted their price target on shares of Intuit from $700.00 to $760.00 and gave the stock an outperform rating in a report on Friday. Finally, Erste Group Bank reissued a hold rating on shares of Intuit in a research report on Friday, June 14th. Six analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to MarketBeat.com, Intuit has a consensus rating of Moderate Buy and a consensus price target of $703.27.

Insider Activity

In other news, insider Scott D. Cook sold 75,000 shares of Intuit stock in a transaction on Tuesday, May 28th. The shares were sold at an average price of $597.85, for a total value of $44,838,750.00. Following the transaction, the insider now directly owns 6,791,469 shares of the company’s stock, valued at approximately $4,060,279,741.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Scott D. Cook sold 75,000 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $597.85, for a total transaction of $44,838,750.00. Following the transaction, the insider now owns 6,791,469 shares of the company’s stock, valued at $4,060,279,741.65. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Mark P. Notarainni sold 465 shares of the company’s stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of $604.58, for a total value of $281,129.70. Following the sale, the executive vice president now directly owns 869 shares of the company’s stock, valued at $525,380.02. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 195,963 shares of company stock valued at $114,442,445. 2.90% of the stock is currently owned by company insiders.

About Intuit

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.